Business

John Koudounis, president and chief executive officer for Calamos Investments told the Concordia Summit taking place in New York that he does not foresee lower interest rates soon. Koudounis spoke at a panel titled "Navigating Investment Landscapes: Capital and Opportunity"...

Turkish President Tayyip Erdogan has invited Elon Musk, the CEO of Tesla, to establish a Tesla factory in Turkey, according to the country's communications directorate on Monday. Musk mentioned that numerous Turkish suppliers are currently collaborating with Tesla, and he...

China is on track to becoming the top car exporter worldwide this year, surpassing Japan, as reported by Financial Standards. This change signals a significant shift from the long-standing leadership of European, American, Japanese, and South Korean car manufacturers. However,...

Taiwan has told billionaire Elon Musk it is "not for sale" after he said the island was a part of China. "Listen up, Taiwan is not part of the PRC & certainly not for sale!" Foreign Minister Joseph Wu...

Alrosa, the world's largest diamond-producing company, announced on Sunday that it has unearthed the largest gem-quality diamond in Russia in the past decade. The 390.7-carat diamond was extracted from one of Alrosa's mines in the Republic of Sakha, also known...

The Thessaloniki International Fair (TIF) is a commercial exhibition event of great importance in Greece and Southeastern Europe, taking place annually in Thessaloniki, Greece. This year, the Thessaloniki International Exhibition Center will host the from September 9th to September 17th. Thousands...

  The Greek-Nigerian NBA star Giannis Antetokounmpo and his talented basketball family just announced their decision to invest in iconic Greek wine companies. Hellenic Wineries and Boutari Winery are Greek wine companies with over a century of history, and the Antetokounmpo...

Princeton University has recently published a study highlighting 20 occupations most at risk of becoming redundant thanks to advancements in Artificial Intelligence (AI). The study revealed that call center operators are the most at risk of losing their jobs,...

A Turkish airline became the first air carrier in Europe to introduce the innovative idea of child-free zones on flights. Corendon Airlines is creating "Only Adult" areas at the front of its planes where children under the age of sixteen...

The 2023 Concordia Annual Summit will convene from September 18th to September 20th in New York City alongside the UN General Assembly. From the role of the international community in addressing Russia’s invasion of Ukraine to the need for private-sector...

Heineken has sold its business in Russia for one euro. The company had announced its plan to leave Russia over a year ago as a result of the Ukraine invasion. The Dutch company will be losing over €300 million by...

The Justice Department of the United States sued Elon Musk's company SpaceX on Thursday. The space company that produces rockets and satellites was accused of discriminating against refugees and asylum-seekers in the hiring process. “The lawsuit alleges that, from at...

Evergrande, China's real estate construction giant, has filed for US protection from bankruptcy after thirty years of uninterrupted growth. Just last Thursday, Evergrande filed for US bankruptcy under Chapter 15, which allows foreign companies to temporarily be protected from creditors...

Multi-billionaire Elon Musk has been reinventing the Twitter brand and putting building signs and other Twitter paraphernalia up for auction. Bidding for the newly announced auction starts on September 12th, and the auction closes two days later. After placing a...

The Japanese rating agency Rating and Investment Information (R&I) announced on Monday that it has raised the Greek economy rating to investment grade BBB-, with a stable outlook. The investment grade is considered a harbinger of new upgrades by rating...